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Thursday, May 28, 2015

Source Intelligence Gets Credit Facility

Carlsbad-based Source Intelligence>, a developer of platform for supply chain compliance efforts, has received a credit facility from Silicon Valley Bank, the company said this morning. Size and terms of the facility were not announced. Source Intelligence said the new funds will go towards accelerating growth of its supply chain compliance products and cloud platform. Source Intelligence is led by Jess Kraus. The company helps companies with supply chain compliance, particularly in areas of conflict minerals, sustainability, and other supply chain authentication efforts.